Please note: This is not the syllabus in its entirety, please see the pdf syllabus provided to you in your course.

GRADES

Grade Components

Tests & Project: 80%

Written Homework: 10%

MLM Quizzes: 5%

MLM homework: 5%

Grading Scale

A: 90 - 100

B: 80 – 89

C: 70 – 79

D: 60 – 69

F: < 60

Required Materials  

This is a First Day™ class. The cost of required course materials, including an online version of the textbook and software access, has been added to your tuition and fees bill.  

Textbook: Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences, 14th Edition by Barnett, Ziegler, Byleen, & Stocker. Pearson Publishing (MyLab software)  ISBN:

9780134862576

Calculator: You will need a scientific calculator that handles exponents, logarithms and simple probability and statistics. Most ACC faculty are familiar with the TI family of calculators. Hence, TI calculators are highly recommended for student use, excluding the TI 30Xa. Other calculator brands can also be used. Note: The book will show you how to utilize your graphing calculator to do the work for you, however you are expected to learn a method of showing work. You will not be allowed use of a graphing calculator on Exams except for Test 3 over chapters 7 & 8, but a scientific calculator will be provided on the tool bar if your only access to a calculator is through a graphing calculator or wireless device.  

Other Technology: Access to a webcam and microphone are required for this course. Eligible students can check out required technology at https://www.austincc.edu/students/studenttechnology-services.

MATH 1324 Mathematics for Business and Economics (3-3-0). A course in finite mathematics for business students including linear equations and inequalities, functions and graphs, the exponential and logarithmic functions, the mathematics of finance, systems of linear equations and matrices, linear programming, and an introduction to probability.

Course Rationale

This course is required in certain degree plans, such as Accounting, Computer Information Systems and Economics. For some students, this is the first half of a two-semester finite mathematics/business calculus sequence. This is also a preparation course prior to taking two semesters of business calculus, although the preferred preparation for two semesters of business calculus is MATH 1314.  Finally, some students take this course as a general mathematics elective.

Course Objectives

Mathematics for Business and Economics has four main mathematical topics: functions, matrices, linear programming, and probability. The objectives of the course are for students not only to know the mathematics of these concepts, but also to be able to apply the concepts to analyze and interpret information in business and financial application problems.  

Student Learning Outcomes

Upon successful completion of the course, a student should be able to: 

1. Identify the basic graphs and properties of polynomial, rational, exponential, and logarithmic functions. Apply the knowledge of functions to business applications such as simple, compound, or continuous compound interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions, and finding break even points.
2. Perform basic operations with matrices and use matrix methods to solve systems of linear equations. Apply the knowledge of matrices to business problems such as inventory, production, and total cost.
3. Use the geometric method to solve linear programming problems. Interpret information as an objective function with constraints, set up the linear programming problem, solve the problem and interpret the result in the context of the problem. 
4. Use basic counting techniques and calculate probabilities, including conditional probabilities. Apply the mathematical knowledge of probability to business problems and interpret the results.

 General Education Competencies

1. Critical Thinking – gathering, analyzing, synthesizing, evaluating, and applying information is covered in every SLO. 
2. Quantitative and Empirical Reasoning – applying mathematical, logical, and scientific principles and methods is covered in every SLO.
3. Written, Oral and Visual Communication – communicating effectively adapting to purpose, structure, audience, and medium is covered in every SLO.